Rent To Own Homes – An Alternative For People With Less Than Perfect Credit How does rent to own work – For many people, purchasing a property or home will be one of the biggest investments that they ever make. Because of this, a lot of time should be put into doing research so that they can make the most out of their money. In this article, we are going…

To encourage on-time payments, the option fee that was to be credited with each monthly payment in rent to own real estate is only credited with on-time monthly payments. Just because of a late payment the buyer does not get a reduction in rent since they will not receive credit. The full monthly payment is due, but with the penalty of not receiving the monthly option credit. There is a…

Rent to own homes process options When the buyer is ready to purchase the home, this option payment made by the buyer are credited to the purchase price of the home. If the buyer decides to not purchase the home in rent to own properties, all of the option money that was to be credited to the buyer stays with the seller. Option fees are sort of like an investment…